Veolia Environmental Services (UK) has been awarded a 25-year PFI (Private Finance Initiative) residual waste treatment and disposal contract by Staffordshire County Council. The contract is worth approximately £1 billion (revenue from County Council, including third party waste and sale of electricity) over the lifetime of the contract and follows Veolia’s appointment as preferred bidder.
The contract is based on an Energy Recovery Facility (ERF) which will handle residual waste from Staffordshire as well as assisting Sandwell, Walsall and Warwickshire. Designed to handle 300,000 tonnes per annum of residual waste, the ERF will export in excess of 23MW to the National Grid – sufficient to power 32,000 homes. The site will contribute substantially to the local economy both during the construction process and beyond by creating forty long-term jobs.
Veolia is already undertaking pre-planning work on revised proposals for the permitted ERF which will reduce the building’s overall footprint, size and height. A new planning application will be submitted in early August with a view to the building being completed by the end of 2013.
Employing 85,600people in 33 countries and with revenues of Eur9 billion, Veolia Environmental Services is the number on worldwide in waste management.